AMC Entertainment
Long
Updated

AMC breaking 8+ month bearish downtrend before ER Friday 🥶

1 356
boost and follow if you part of the ape gang!

are we breaking out above trend resistance because the apes know what's coming? hmm

will be interesting to see earnings because every time I go to the theatres its empty! but I did hear Avatar/Mario bros movie did some numbers (i didnt watch those yet)

above 6.30 and we see parabolic squeeze to 9.8-11.4+

below 4.99 we break back into bearish downtrend, go to 4 and even lower if it doesn't bounce there.

see you soon with more analysis <3
Note
snapshot

still bullish breakout above trend resistance/sitting below long trigger

but no move from earnings, almost like they didnt report! im suprised :D

anyways maybe long trigger breaks sometime this week. we will seee
Note
snapshot AMC needs to hold this support or we dont see a bounce in next few weeks and bears may take over

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